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On Wednesday night, it became known that Facebook had a profit of $ 1.74 per share in Q2 2018, compared to $ 1.32 the same period last year. According to Factset, we were expecting a profit of $ 1.72 per share
. The business turnover reached 13.23 billion dollars during the quarter, while the trade is expected to reach 13.36 billion dollars. At the same time last year, revenue was $ 9.32 billion.
Facebook's stock climbed 1.3 percent in regular trade on Wednesday, down 20.23 percent in expanded trade after the release of the report.
Investors fled Facebook's share by trimming $ 129 billion, the equivalent of $ 1,048 million and almost a Norwegian government budget, the market value of the company. Whoever had a good Christmas yesterday was the Norwegian star Ole Andreas' Tigergutt & # 39; Halvorsen of Østfold
According to DN, his hedge fund has about 9.35 million shares on Facebook, which before the presentation of yesterday was worth 16.5 billion. The collision on Facebook dropped the value of the Facebook position of Viking Global Investor by 3.3 billion.
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